• snek_boi
      link
      fedilink
      English
      arrow-up
      16
      ·
      1 month ago

      Stiglitz didn’t get the Nobel prize for claiming that neoliberal capitalism contributes to the rise of fascism. He got it for explaining how information asymmetries destroy the fantasy of perfect markets.

    • manuallybreathing
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 month ago

      I mean, even a cursory look into the history of the nobel prize should show anyone how much of a joke they’ve always been